Scotts Miracle-Gro's Christopher J. Hagedorn to Depart as EVP & Chief Strategy Officer; Separation Agreement Details

Scotts Miracle-Gro (SMG) expects $100M in commodity headwinds for fiscal 2027, planning 4% price increases and $35M in supply chain savings. Adjusted gross margin is expected to expand, though likely at the lower end of its target. Inventory levels are up slightly, and the $55M acquisition of Black Kow is expected to boost sales. The company aims to reduce net debt to 3-3.5x EBITDA by fiscal 2029, with $275M in free cash flow expected for fiscal 2027.

The Scotts Miracle-Gro (SMG) reported Q4 2026 net sales down 11% to $303M, citing retailer inventory issues and weather impacts. Fiscal 2027 sales growth is forecasted at 2-4%, with commodity inflation expected to limit gross margin expansion. Management highlighted inventory management, pricing strategies, and cost savings to mitigate headwinds.

Scotts Miracle-Gro (SMG) expects fiscal 2027 adjusted EPS of $4.70 to $4.90, with 2% to 4% sales growth. CEO Nate Baxter cited operational and financial improvements in fiscal 2026, positioning the company for accelerated profitability and shareholder returns in fiscal 2027.

The Scotts Miracle-Gro Company reported a 1% sales growth in Q4 2026, driven by a shift to premium branded products, with Miracle-Gro Organic growing 18%. E-commerce sales rose 24% to 13% of total sales. The company expects 2%-4% net sales growth and $4.70-$4.90 adjusted EPS in fiscal 2027, with plans to mitigate commodity inflation and invest in digital transformation. Management emphasized profitability over volume and debt reduction.

Scotts Miracle-Gro (SMG) reported Q4 2026 earnings, highlighting 18% growth in Miracle-Gro Organic sales and a 16% increase in pre-emergent units. The company acquired Black Kow, expanded e-commerce to 13% of sales, and plans 2%-4% net sales growth for 2027 with adjusted EPS of $4.70-$4.90. SMG emphasized innovation, operational efficiencies, and strategic investments.

Scotts Miracle-Gro (SMG) reported FY2026 results with adjusted EPS up 18% to $4.48, exceeding guidance. Net sales reached $3.29B, up 1%. Gross margin improved 80 bps to 32.4%. The company's SMG 2.0 strategy drove margin gains and share repurchases. Shares rose 9.92% post-announcement.